Financially Simple

In episode 154 of Financially Simple, Justin looks at the various types of Inheritances and how best to handle each. Receiving an Inheritance from a loved one can be a blessing, or a curse if not dealt with properly. Justin goes over the basics of the types of inheritance one might receive, and gives his own five-point method of how to go about using it. Don't forget to subscribe, and let us know how we are doing by leaving a review. Thanks for listening! RELATED ARTICLES: BLOG: Why Personal Cash Flow Matters to the Business Owner __________________ TIME INDEX: 00:56 - What Should I Do With an Inheritance? 01:32 - Some Trends With Regard to Inheritances 04:56 - Justin's 5 Point Method 07:27 - A Case Study 08:25 - The Inheritance Mind Map 09:06 - Types of Inheritance 11:39 - Mind Mapping Decisions Based on Your Personal Situation 13:04 - IRA 14:18 - 401k 15:06 - ROTH 16:17 - HSA 16:56 - Life Insurance 18:00 - Real Estate 20:20 - Businesses 21:52 - Non-Qualified Investments 23:10 - Vehicles 23:57 - Wrap Up __